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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Chinese banks target ANZ in clawback fight

CBL liquidation court case to be heard in May.

Tim Hunter
Mon, 25 Feb 2019

Two Chinese banks have cited the potential clawback of $65 million of lending as a key factor in seeking to liquidate defunct insurer CBL Corporation.

The move would set up a multi-million dollar battle with ANZ, which would have to cough up the money.

CBL, worth $747 million before its

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Tim Hunter
Mon, 25 Feb 2019
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Chinese banks target ANZ in clawback fight
General Business,
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